Here’s how you can Stake Ethereum on Lido finance
Are you curious about Ethereum staking? This week’s DeFi.I.Y. As the network merges, this video demonstrates how to deposit on Lido Finance.
Terra LUNA’s Collapse Has Started a Wave of International Calls to Regulate Crypto
If more governments are less crypto-friendly, short-term crackdowns can have long-term consequences.
Fiat Pegged Token DAI Takes the Lead in Market Capitalization Amongst Stablecoins
The Terra-based stablecoin, UST, was defunct. DAI, a fiat-pegged token, has since become the largest decentralized stablecoin. Makerdao is now the top decentralized finance protocol (defi) in terms of total value locked.
Nigerian President Runner Bukola Saraki Says he Supports the use of Digital Currencies but Says it Must be Regualted
Bukola Saraki (Nigeria’s presidential hopeful) recently stated that he supports digital currency, claiming it has provided opportunities for young people. He insisted, however, that laws are needed to guide the players in this area.
In a Study Carried Out by Ipsos, Latin American Countries are the Most Enthusiastic for the Metaverse
New research has shown that people in emerging countries are more positive about the metaverse than their counterparts in developed countries. Ipsos’ World Economic Forum (WEF) study also found that Latam nations are the most optimistic about the future and applications of the metaverse to different industries.
The Fed Must Choose Between a Recession or Prolonged Inflation, There is no Other Option
Mohamed El-Erian, Allianz Chief Economic Advisor, says that the Federal Reserve must “decide between two policy errors.” One could trigger a recession while the other could prolong the rise in inflation well into 2023. The economist stated that he believes the time is past for a soft landing.
Investors Dumping LUNA 2 Airdrops as LUNA 2 Tanks 70% in Two Days
Lark Davis stated, “Zero plans will buy luna 2.0. But I will dump any Airdrop if it gets something on Binance.”
Gas Prices on the Ethereum Network Hit a 10-Month Low – Averages hit Below $3
After fees fell to $2.96 per transaction Sunday afternoon (ET), the average Ethereum network fee dropped to its lowest level in more than ten months. Last year, July 11, 2021 was the last time that ethereum transfer fees fell below $3. The median fee for ethereum transactions is even lower at 0.00086ether, or $1.56 per transfer.
Binance Gets Approval to Operate as Crypto Service Provider in Italy
Binance, the crypto exchange giant, announced Friday that it had been granted regulatory approval by the Organismo Agenti e Mediatori (OAM) to register as a cryptocurrency service provider under the Organisationi e Mediatori (OAM), in accordance with Italian legislation regarding crypto assets.
Russia Looks to Use Cryptocurrencies as a Means of International Settlements
According to a top-ranking official at the Russian finance ministry, authorities are considering the use of digital currencies in international payments. He noted that cryptocurrency could be used in barter transactions with foreign partners if it is recognized as property.
